El Salvador Current Account to GDP

El Salvador recorded a Current Account deficit of 2.90 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in El Salvador is reported by the Consejo Monetario Centroamericano. From 1995 until 2012, El Salvador Current Account to GDP averaged -3.2 Percent reaching an all time high of -0.8 Percent in December of 1998 and a record low of -7.1 Percent in December of 2008. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - El Salvador Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-2.90 -5.30 -0.80 -7.10 -1.50 | 2014/06 1995 - 2012 Percent Yearly

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El Salvador Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Capital Flows 426.10 2013-08-15 37.60 693.60 -869.00 234.91 2014-06-30 USD Million [+]
Gold Reserves 7.25 2013-12-31 7.25 14.59 7.25 Tonnes [+]
Remittances 3911.00 2012-12-31 3650.00 3911.00 1911.00 4211.74 2014-06-30 USD Million [+]
Balance of Trade -402.00 2014-02-15 -502.20 -14.60 -528.60 -458.81 2014-06-30 USD Million [+]
Current Account -331.50 2013-11-15 -459.70 12.60 -1130.00 -271.15 2014-06-30 USD Million [+]
Current Account to GDP -2.90 2012-12-31 -5.30 -0.80 -7.10 -1.50 2014-06-30 Percent [+]
Exports 411.90 2014-02-15 402.80 532.00 47.70 450.27 2014-06-30 USD Million [+]
Imports 813.80 2014-02-15 905.00 1027.10 91.00 911.93 2014-06-30 USD Million [+]
[+]


Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.


RELATED NEWS

El Salvador Consumer Spending at 8946.90 USD Million  
Consumer Spending in El Salvador increased to 8946.90 USD Million in 2013 from 8915.90 USD Million in 2012. Consumer Spending in El Salvador is reported by the Central Reserve Bank of El Salvador.
El Salvador Consumer Price Index (CPI) at 109.99 Index Points  
Consumer Price Index (CPI) in El Salvador increased to 109.99 Index Points in March of 2014 from 109.72 Index Points in February of 2014. Consumer Price Index (CPI) in El Salvador is reported by the Digestyc, El Salvador.
El Salvador Changes in Inventories at 0.00 USD Million  
Changes in Inventories in El Salvador remained unchanged at 0 USD Million in 2013 from 0 USD Million in 2012. Changes in Inventories in El Salvador is reported by the Central Reserve Bank of El Salvador.
El Salvador Capital Flows at 426.10 USD Million  
Capital Flows in El Salvador increased to 426.10 USD Million in the third quarter of 2013 from 37.60 USD Million in the second quarter of 2013. Capital Flows in El Salvador is reported by the Central Reserve Bank of El Salvador.
El Salvador Export Prices at 119.54 Index Points  
Export Prices in El Salvador decreased to 119.54 Index Points in February of 2014 from 119.87 Index Points in January of 2014. Export Prices in El Salvador is reported by the The Central Reserve Bank of El Salvador.
El Salvador GDP Constant Prices at 2432.40 USD Million  
GDP Constant Prices in El Salvador increased to 2432.40 USD Million in the fourth quarter of 2013 from 2399.60 USD Million in the third quarter of 2013. GDP Constant Prices in El Salvador is reported by the Central Reserve Bank of El Salvador.
El Salvador Government Budget Value at -441.50 USD Million  
El Salvador recorded a government budget deficit of 441.50 USD Million in 2013. Government Budget Value in El Salvador is reported by the Central Reserve Bank of El Salvador.
El Salvador Government Spending at 820.40 USD Million  
Government Spending in El Salvador increased to 820.40 USD Million in 2013 from 773.80 USD Million in 2012. Government Spending in El Salvador is reported by the Central Reserve Bank of El Salvador.
El Salvador Gross Fixed Capital Formation at 1761.90 USD Million  
Gross Fixed Capital Formation in El Salvador increased to 1761.90 USD Million in 2013 from 1606.20 USD Million in 2012. Gross Fixed Capital Formation in El Salvador is reported by the Central Reserve Bank of El Salvador.
El Salvador Import Prices at 164.78 Index Points  
Import Prices in El Salvador increased to 164.78 Index Points in February of 2014 from 164.19 Index Points in January of 2014. Import Prices in El Salvador is reported by the The Central Reserve Bank of El Salvador.
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